Some really interesting thoughts in this article and I suggest you read the entire article but to summarize, extraordinary bosses:

  • see the entire organization (no internal fighting)  of a community — not just workers ( e.g., cogs in the machine) and as “peers not children”
  • delegate and do not micromanage (“They push decision making downward, allowing teams form their own rules and intervening only in emergencies.”)
  • are inspiring, forward thinking, and see technology as a tool for employee empowerment and ensure that appropriate technology is available
  • know that change is necessary and is not evil
  • make work more enjoyable in some way

http://www.inc.com/geoffrey-james/8-core-beliefs-of-extraordinary-bosses.html